Gemini schedule reliability falls below 90% target for the first time
The Gemini Alliance has dropped below its targeted 90% reliability for the first time since ...
Photo: Hapag-Lloyd.
While container spot rates on the transpacific are falling steadily week on week, the decline in Asia-Europe rates is accelerating, prompting ocean carriers to announce revised FAK (freight all kinds) rates for April on the tradelane.
From 1 April, Hapag-Lloyd’s new Asia-North Europe FAK rates will be $1,600 per 20ft and $3,000 per 40ft, while for western Mediterranean ports, the rates will be $2,800 and $3,500.
And MSC’s new FAK rates for North Europe, from the ...
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